HEALTH CARE
<i> Times Staff and Wire Reports</i>
U.S. Overstated Drug Price Inflation, GAO Says: The government’s inflation index exaggerated how fast prescription drug prices rose over the past decade, according to congressional auditors. The method the Labor Department’s Bureau of Labor Statistics used to gauge rising drug prices may have overstated the inflation by 23% to 36%, the General Accounting Office said. The GAO said the Bureau of Labor Statistics has already taken steps to correct the problem.
